IPMAN Rejects Petrol Imports, Says Dangote Refinery Can Meet Nigeria’s PMS Demand - Newstrends
Connect with us

Business

IPMAN Rejects Petrol Imports, Says Dangote Refinery Can Meet Nigeria’s PMS Demand

Published

on

Dangote Petroleum Refinery and IPMAN

IPMAN Rejects Petrol Imports, Says Dangote Refinery Can Meet Nigeria’s PMS Demand

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has strongly opposed the continued importation of Premium Motor Spirit (PMS), insisting that Dangote Petroleum Refinery has sufficient capacity to meet Nigeria’s fuel demand and that reports linking recent import surges to supply failures are misleading.

IPMAN also distanced itself from claims that the rise in petrol imports in November 2025 resulted from a breakdown in supply arrangements between Dangote Refinery and petroleum marketers, describing such reports as inaccurate and inconsistent with the experience of its members.

Speaking on behalf of the association, IPMAN National President, Abubakar Maigandi Shettima, said the commencement of PMS supply from Dangote Refinery has significantly improved nationwide availability.

“Our members fully support Dangote Refinery. Since supply began, marketers have lifted products consistently without complaints. We oppose continued importation because the refinery has the capacity to meet the country’s entire PMS demand,” Shettima said.

He added that IPMAN members are satisfied with the reliability of supply and welcomed the refinery’s plan for direct delivery to filling stations, describing it as a major step toward stabilising distribution and benefiting consumers. According to him, access to locally refined petrol has eased supply pressures and boosted confidence among independent marketers.

In a similar reaction, Dangote Petroleum Refinery dismissed the media reports as baseless, clarifying that no supply agreement with marketers had collapsed. The refinery said its downstream engagement was structured to expand access, boost competition and improve efficiency.

READ ALSO:

The refinery disclosed that PMS supply under the marketers’ arrangement commenced in October 2025 with an agreed offtake of 600 million litres, which rose to 900 million litres in November and further increased to 1.5 billion litres in December.

“In line with market growth and absorption capacity, volumes were scaled up accordingly. Subsequently, in line with downstream market liberalisation, we opened PMS supply to all qualified marketers, bulk consumers and filling station operators,” the statement signed by Anthony Chiejina, Group Chief Branding and Communications Officer, said.

Dangote Refinery revealed that since December 16, 2025, it has been loading between 31 million and 48 million litres of PMS daily, depending on market demand, noting that the figures are verifiable through depot and regulatory records.

To widen participation and improve distribution, the refinery said it reduced minimum purchase volumes from two million litres to 250,000 litres and introduced a 10-day credit facility backed by bank guarantees, aimed at supporting small and medium-scale operators and reducing dependence on imported fuel.

The refinery added that these measures have increased the utilisation of locally refined PMS, enhanced competition and helped moderate pump prices, stressing that its ex-gantry prices remain competitive and aligned with import parity benchmarks.

Addressing the spike in petrol imports recorded in November, Dangote Refinery attributed it to import licences approved by the former leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), noting that the approvals exceeded prevailing domestic demand and were unrelated to its production capacity or supply commitments.

The refinery reaffirmed its commitment to domestic refining, transparency and collaboration with regulators and industry stakeholders to conserve foreign exchange, stabilise prices and strengthen Nigeria’s energy security.

IPMAN Rejects Petrol Imports, Says Dangote Refinery Can Meet Nigeria’s PMS Demand

Loading

Business

UK Social Media Ban Could Increase Online Risks for Teens — Telegram CEO

Published

on

Telegram CEO, Pavel Durov

UK Social Media Ban Could Increase Online Risks for Teens — Telegram CEO

Telegram CEO, Pavel Durov, has intensified his criticism of the United Kingdom’s proposed policy to restrict social media access for users under the age of 16, describing the move as “dangerous” and arguing that it could create unintended risks for teenagers rather than protect them.

The UK government is currently advancing plans to ban under-16s from accessing major social media platforms, including Instagram, TikTok, Snapchat, Facebook, YouTube and X (formerly Twitter), as part of a wider online safety framework aimed at reducing children’s exposure to harmful content, cyberbullying and online exploitation.

Under the proposal, platforms would be required to enforce strict age-verification systems, which could include government-issued identification checks, facial recognition technology, or bank card verification before users are allowed access.

According to official proposals, the measures form part of the government’s broader push to strengthen the Online Safety Act, with enforcement expected to be overseen by regulator Ofcom and phased in over the coming period.

READ ALSO:

Reacting in a series of posts on X, Durov questioned the effectiveness of age-based restrictions, arguing that teenagers are likely to bypass such controls using VPNs and other tools, which he says may expose them to even less regulated and more harmful online environments.

He warned that banning social media outright for teenagers “only puts them in greater danger,” adding that historical attempts to restrict platforms in other countries did not stop usage, but instead pushed users to alternative access methods.

Durov also stressed that parental responsibility remains more effective than government bans, insisting that parents already have tools such as screen-time controls and parental monitoring systems to manage children’s online activity.

He further argued that excessive regulation cannot replace parenting choices, noting that many children are already introduced to digital devices at a very young age without adequate supervision.

The Telegram chief also raised concerns about the privacy implications of mandatory age verification, suggesting that requiring users to prove their identity online could lead to increased data collection and surveillance risks.

He questioned whether the policy was solely about child protection or whether it could also expand government oversight of online users, a point that has added to ongoing debates about digital privacy and regulation in the UK.

The UK government, however, maintains that stronger restrictions are necessary to protect children from online harm, while public debate continues over how best to balance child safety, privacy, and digital freedom in an increasingly connected world.

The proposal is still under consideration, with further details expected as lawmakers refine the framework before implementation.

UK Social Media Ban Could Increase Online Risks for Teens — Telegram CEO

Loading

Continue Reading

Aviation

Witness Reveals How Sirika Approved Nigeria Air Consultancy Deal for Associate

Published

on

Witness Reveals How Sirika Approved Nigeria Air Consultancy Deal for Associate

Witness Reveals How Sirika Approved Nigeria Air Consultancy Deal for Associate

The trial of former Minister of Aviation, Hadi Sirika, took a fresh turn on Wednesday as an investigator with the Economic and Financial Crimes Commission (EFCC) detailed before a Federal Capital Territory High Court in Abuja how the former minister allegedly influenced the award and extension of consultancy contracts linked to the controversial Nigeria Air project.

The EFCC witness, Christopher Odofin, testified before Justice Sylvanus Oriji that Sirika allegedly directed the award of a consultancy contract for the establishment of Nigeria Air to Tianaero Nigeria Limited, a company reportedly linked to Gabriel Tilmann, whom investigators described as a close associate of the former minister.

Sirika is facing trial alongside his daughter, Fatima Sirika; his son-in-law, Hamma Jalal Sule; and Al Buraq Global Investment Limited over an amended six-count charge bordering on abuse of office, contract fraud, and the alleged diversion of public funds. All the defendants have pleaded not guilty to the charges.

According to the witness, Tianaero Nigeria Limited was awarded an initial consultancy contract worth over N299 million on April 4, 2022, for services related to the establishment of Nigeria Air. Odofin told the court that the contract was subsequently extended on October 17, 2022, increasing its value to more than N599 million. The EFCC investigator alleged that findings from the commission’s investigation indicated that the extension was granted on Sirika’s instruction due to his relationship with Tilmann.

READ ALSO:

Odofin further informed the court that investigators examined the mobile phone of former Permanent Secretary in the Ministry of Aviation, Enitan Muyiwa Abel, and allegedly discovered a voice note sent by Sirika while he was in Spain. According to the witness, the former minister instructed the permanent secretary to ensure that the consultancy contract was awarded to Tianaero Nigeria Limited. He also alleged that the contract did not pass through the Bureau of Public Procurement (BPP) before approval but was instead processed based on Sirika’s directive.

The witness told the court that payments relating to the consultancy contract were traced through the company’s accounts with Access Bank and Guaranty Trust Bank. He added that records obtained from the Corporate Affairs Commission (CAC) showed that Tianaero Nigeria Limited was incorporated on March 29, 2021, less than two years before it secured the consultancy contract.

Odofin said investigators tendered bank statements, CAC documents, and a compact disc containing the alleged voice note as exhibits before the court. The exhibits were subsequently admitted into evidence.

The testimony also revived concerns surrounding the controversial launch of Nigeria Air in 2023. In an earlier court appearance, the same witness alleged that the aircraft unveiled as Nigeria Air shortly before the end of former President Muhammadu Buhari’s administration was actually an Ethiopian Airlines aircraft temporarily brought into Nigeria for branding and display purposes. According to the witness, the aircraft remained in Nigeria for only a few days before returning to Ethiopia after the unveiling ceremony.

The claim forms part of the broader allegations being investigated by the EFCC regarding the implementation of the national carrier project during Sirika’s tenure as aviation minister.

Following Wednesday’s proceedings, Justice Oriji adjourned the matter until July 8 for the prosecution to play the audio recording allegedly sent by Sirika and for the continuation of hearing.

The case remains one of the most closely watched corruption trials involving a former cabinet member, given its connection to the controversial Nigeria Air project and the allegations of abuse of office and contract irregularities.

Witness Reveals How Sirika Approved Nigeria Air Consultancy Deal for Associate

Loading

Continue Reading

Auto

Jetour X90 Plus Combines Power, Luxury, Family-Friendly Space in One Package

Published

on

Jetour X90 Plus Combines Power, Luxury, Family-Friendly Space in one Package

 

As demand grows for spacious, feature-rich and value-driven SUVs in Nigeria, the Jetour X90 Plus is carving out a strong reputation as a premium family vehicle that seamlessly combines luxury, advanced safety technology and impressive performance.

Designed to meet the needs of modern families and ambitious professionals, the seven-seater SUV delivers a compelling blend of comfort, practicality and innovation, making it one of the standout contenders in Nigeria’s highly competitive mid-size SUV market.

The Jetour X90 Plus offers an appealing mix of generous cabin space, refined styling and cutting-edge technology, positioning it as a vehicle built for both daily commuting and long-distance travel.

Its growing presence in the Nigerian market is further strengthened by an extensive dealership network comprising Elizade Nigeria Limited, New Era AutoVehicle Services Limited, Kojo Motors, Germaine Auto Centre, Tab Autos Limited, R. T. Briscoe Motors and Mandilas Autos, according to a statement by Jetour Nigeria Mobility Services.

The SUV’s bold exterior is defined by a prominent hexagonal grille, sleek LED headlamps and a commanding road presence that projects confidence and sophistication.

Under the hood, the X90 Plus is available with two turbocharged powertrains.

The 1.6-litre turbo engine generates 197 horsepower and 290Nm of torque, while the 2.0-litre turbocharged variant delivers a more robust 254 horsepower and 390Nm of torque.

Both engines are mated to a seven-speed dual-clutch transmission and front-wheel-drive system, ensuring responsive performance, fuel efficiency and smooth handling across varying road conditions.

Measuring 4,858mm in length, 1,925mm in width and 1,780mm in height, the SUV translates its substantial dimensions into a remarkably spacious interior.

The seven-seat cabin features premium materials, soft-touch finishes and elegant wood accents, while generous headroom and legroom across all three rows provide comfort for every occupant.

A panoramic sunroof further enhances the airy and luxurious feel of the interior.

Technology is at the heart of the driving experience, with a 12.3-inch LCD touchscreen infotainment system supporting phone mirroring, Bluetooth connectivity, voice control and wireless charging.

The climate control system is managed through a digital touchscreen interface and includes automatic rear and roof-mounted air vents, as well as an air purification function.

Occupant comfort is enhanced by power-adjustable front seats equipped with heating, ventilation, memory settings and lumbar support, while an eight-speaker Sony sound system provides a premium audio experience.

Safety remains one of the vehicle’s strongest selling points. The X90 Plus comes equipped with multiple airbags, Vehicle Stability Control, Advanced Emergency Braking, Hill-Start Assist, Hill-Descent Control, an Electronic Parking Brake with Auto Hold and a high-mounted stop lamp.

The SUV also features an array of advanced driver-assistance technologies, including a 360-degree camera with 2D and 3D viewing options, forward collision warning, parking sensors, radar monitoring and lane departure warning, all designed to improve safety and driver confidence.

Additional convenience features include smart keyless entry, push-button start, electronic gear selection, multiple drive modes, cruise control, automatic tailgate operation and advanced LED lighting systems.

Jetour Nigeria says the X90 Plus is supported by a comprehensive aftersales programme that includes warranty coverage, trained technicians and readily available spare parts, reinforcing the brand’s commitment to reliability, customer satisfaction and long-term ownership value.

Loading

Continue Reading

Trending